Well, it seems like nothing will ever change. The best looking, slick-sounding candidates seem to be getting the attention of the media. In Germany, no one knows who Ron Paul is. Everyone laughed at the charts from Ross Perot. It seems that all of those things are coming to fruition. Of course no one is listening. At least they are buying guns. I hope they are stocking up on ammo, because it appears that the powers that be are keeping the ammo supply short.

If in the next campaign, any politician wishes to use MY slogan (except Ron Paul), I require the payment of 1.00$ US for EVERY instance of its use; printed media, radio and television.

There are no ‘African-Americans; Mexican-Americans; Cuban-Americans,; Gay-Americans, etc’ only Americans. To assign labels is not only racist, but counter-productive. Either they are Americans together, or separate groups that breed derision and hatred.

Barack Obama has not only not delivered on his ‘Promise’ (Of change for the better-of course he only promised change…the USA changed, but not for the better).

The American Dollar is on the brink of losing its status as the standard currency, OK it is really over the edge…yes we can…loot what is left, and pick the bones. Great. A real legacy for the ‘Great Generation’ that fought and died for the principles of the Founding Fathers. (That would be irony son). Now we have the “i-generation.” Plugged-in and soon fully integrated in the ‘Cloud.’ Individuals under the control of technology. Luddite-ism has its’ advantages.

Has anyone taken the time to look at what Chalmers Johnson has written? Namely *Blowback” and “Sorrows of an Empire“. Sorry, I have not had time to read “Nemesis” yet…

Vote Ron Paul while there is still time to make a difference. Join the LoveRevolution….Yes we can, but not again.

If you agree, please share, forward or attach this post it to your favourite social network…even if it is is FC Bayern, and not FC Köln…Ironically, the motto of the Football Club is “Nicht meckern, machen”, which translates to: “Don’t complain, DO SOMETHING!”

A story: One of broken promises and misplaced trust. Here is the letter I wrote (but forged Jonathan’s name to), to Mr. Obama:

Dear Mr. Obama,

It is with deep regret that I write that you have failed. You promised ‘Change’. Not only did the American people, but also the entire world, believe that you would deliver on your promise. Although in Germany the people do not understand the system completely, when asked, the answer was given that the American Political system is not controlled by one man. Ther are 535 members of the Congress and Senate that you need to fight against. OK, 534, since Ron Paul was probably behind you and your ‘promises.’ Given the Alternative of an aging American Veteran with heart problems and a running-mate of dubious intelligence and character, your win of the ‘highest office in the world’ was assured.

Nevertheless, you promised ‘change.’ However, instead of reducing the deficit, ‘making America strong’, ending the war, and ‘Bringing jobs back to America, you have accomplished the opposite. In fact, under your watch, there has been an obscene increase in money supply, effectively debasing the dollar, and making America even weaker. In addition, although you promised to bring soldiers home, you sent more overseas. Of course, you ‘ended‘ the war in Iraq. However, what is the plan for stabilisation in the area, and when will all of the soldiers return home?

As far as your protection the Constitution of the United States of America, your marks are equally abysmally low. Not only did you not revoke ‘Patriot Act II’, but also presided over a new attack on Freedom: the ‘National Defense Authorisation Act 1867‘. So in retrospect, we really have to wonder, who the heck you are. Were you born in Kenya or Hawaii? Did your father pay for your eduction, or your white mother’s family that we hear so little about? [edited by admin].

Instead of ‘bucking the trend’, it appears that you have not only ingratiated yourself with the powers that be, but have also furthered their interests. By supporting the policies of Mr. Bernanke, and exponentially increasing the national debt, you have placed the livelihood of not only your constituents in peril, but also the citizens of every civilised nation. We were worried that if you pursued the promises you made, that you would become another JFK, Bobby Kennedy, or MLK Jr. Of course, in retrospect, with what you have done it appears these worries were unfounded.

You have not only gone with Status Quo, but seem to have re-defined the boundaries. Never has a President had so much disregard for the Constitution of the United States, (and I am including the boob Bush in this), as you have, nor has one completely failed in delivering what he has promised. You had the opportunity to use the ‘Bully Pulpit’ to rally the citizens to bring change (You know, to write and put pressure on the 534 that are part of the problem), but you did not. You are a weak egg and a liar.

If you are reelected, it can only be due to the use of the same Diebold machines used in 2004.

apparently there is something going on behind the scenes….check out King World News –Gold Pool…yesterday a gent named Richerds(spelling?) wrote an article on the suppression of Gold price and the Deutsch mark… look it up…what do you think of this idea…buy now? or wait it out? I do not think there is enough gold in the world to stabilize any government now. Dad

I looked at the article…Kind of suspect, as the information is a bit exaggerated. ‘Price fixing’ has been used instead of the original intent of ‘Price Stability.’ Of course this was also at a time before computerised transactions, Credit Default Swaps (CDS), Special Investment Vehicles (SIV’S), and ‘Bundled Securities’ (BS’s)-wonder why no one noticed the connection?

For a quick answer, (before I get onto my soapbox), Gold will in all probability go to over 2000$ by years-end. (About 90% probability) So yep, now would be a good time. Maybe 10 to 25% worth, if you can get it through a Jeweller, (or maybe buy in Canada through someone you know, as the Loonie took a hit…) The problem I see is that the Governments seem to have a propensity in times of crisis to come and confiscate the stuff. So any transaction through a bank or brokerage is going to give you-know who a map to your door to come pick it up.

Silver is still an industrial metal. Also priced in Dollars, so any crash in the dollar would also be protected. Silver is at around 34$, the ratio between the price of gold and silver is at almost 52%. Somewhere I read it should be around 18-20%. This would seem to indicate a historical disconnect in price. If silver goes up to 44$, than gold would have to go up to over 2200$ to get the same return.

Palladium: Is at 646$. I already told you about the short supply and the demand. However, I do not know if it is possible to hold physical quantities of the stuff, or even where to buy it. So a solid company that deals in the stuff is your best bet. As a caveat, if everything tanks, the demand for autos and Palladium will also be affected.

Stocks, I would take a look at:

Siemens. They have a really good track record of screwing everyone to keep costs down, and are really on the ball with R&D. You will have to check if they split the medical division from the company. Even if they were dumb enough to hire Lisa, the medical division is tops. The tech division also, even if they gave away their mobile division before I could present by land-line conversion technology.

BP. Well, no one listened to me when I said to buy the stock with both hands after they poisoned the Gulf, and the stock price was driven into the cellar. Of course they continued to post profits, and the stock is no longer a bargain. However, there should be upcoming legal action that could drive the stock down again…

Oil Stocks: Look for those that produce oil anywhere outside of the Middle East…especially in the North Sea. One word: Isreal.

Sony Ericsson, They are not Apple with an I-phone, but have a solid market base.

Oh yes, Storage solutions. Take a look at companies like Seagate, Western Digital and of course, Hewlett-Packard. Surveillance needs the capacity for Data storage, and these are the companies that are supplying the media. There are two other companies; look at who makes “SanDisk”, and other flash-media, as these ‘Flash Media’ products are really an alternative for Hard-drives. It does not matter which company, just look at the 1: P/E ratio and 2: the Debt to earnings ratio and pick the best one.

More in the last paragraphs about Data and tech. Can you say “Carrington Event”?

First the soapbox about Gold:

Gold in the moment is only being driven up in price because it is being viewed as a ‘safe-haven.’ As an industrial metal, the value is probably supportable at around 1200$ an ounce. However as the price is in Dollars as the dollar tanks, you are safe…look at the rate on T-bills; when the rate starts to go up, in order to ‘entice’ buyers; you know the jig is up. Oh crap…it is already going up.

Last time I checked though, no country was on the gold standard. Now however, it is becoming a topic of discussion that nations use their gold reserves to provide stability to their currency.

The gold standard is not possible, for as you said, there is no possible way that countries can back their Fiat Money with Gold, unless there is a devaluation of currency by oh, 10,000%…Silver would be an alternative perhaps.

The financial system is in meltdown mode. There can be no doubt about it. I have assembled enough information to almost write a book, but why? Thomas Woods’ book series ([/amazon_link]Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse) has almost all of the same information in it. Even he, however, has a few facts that don’t seem to add up. One thing is certain though, all of the money that has been created out of thin air is suddenly creating big problems. J.P. Morgan was no saint, but at least in his day he knew the importance of maintaining a sound currency.

The folly of the Kings who slowly lost their power to the Barons and Bankers in order to finance wars seems to be continuing. In this day and age unfortunately, there are no longer any kings, just governments. The people are still on the hook, and it remains the prime objective of the bankers that they remain peasants.

These statistics suggest that Carrington flares are once in a half-millennium events. The statistics are far from solid, however, and Hathaway cautions that we don’t understand flares well enough to rule out a repeat in our lifetime.

And what then?

Lanzerotti points out that as electronic technologies have become more sophisticated and more embedded into everyday life, they have also become more vulnerable to solar activity. On Earth, power lines and long-distance telephone cables might be affected by auroral currents, as happened in 1989. Radar, cell phone communications, and GPS receivers could be disrupted by solar radio noise. Experts who have studied the question say there is little to be done to protect satellites from a Carrington-class flare. In fact, a recent paper estimates potential damage to the 900-plus satellites currently in orbit could cost between $30 billion and $70 billion. The best solution, they say: have a pipeline of comsats ready for launch.

So for the last stock tip, I would suggest you talk to Lee L. and find out who the suppliers are for replacement equipment. When the SHTF (shit hits the fan) as in 1859, the telegraph companies took the loss, but the suppliers all gained. If this should happen, get directly on this, and get stock in these companies. Sorry, I do not have time to do the research to find out who they are…If the equipment is fried; the suppliers are going to win. Like Cisco…

More Later…

]]>http://www.shakeyourfist.com/archives/179/feed2Maybe this could be called ‘Part 4′ but really you should have all the info you need by now…http://www.shakeyourfist.com/archives/159
http://www.shakeyourfist.com/archives/159#commentsFri, 14 Oct 2011 18:29:56 +0000http://www.shakeyourfist.com/?p=159

If you are looking for more information about the protest against banks and Wall Street, then you did not follow all of the links in the previous posts…However I am sure there will be something pertinent in the following…

Well, recently in the news was a report of a ‘Terrorist Plot’, or whatever your chosen Zionist-owned news media labeled it, of an Iranian plot to assasinate the diplomat from Saudi-Arabia. Jeepers, how timely. With all of the Hullabaloo regarding the protest against Wall Street, we need a ‘reality check’ to prove that the establishment is still ‘working.’ Increase the budget for Homeland Security. Holy Christmas, on my next visit to the USA, the ‘Philadelphia Beagle’ is sure to find the package of Krakauer Wurst I am trying to ‘smuggle’ in…Or pull the Castrol Super-Clean from my baggage as I try to come back home…Of course they leave the gas cartridges for my Paslode nail gun. Crikey what nonsense…

Not to mention that even if you a Veteran, with a card showing that you are carrying shrapnel from Guatemala, Kabul, and various other places you were sent ‘in defense of your country’ You are subjected to a strip search by some Jamaican /Haitian /Indian who can barely speak English, and seems to relish the position of power he /she / it has, and makes you ‘bend over and spread your cheeks’ because it is probably normal in the country they have somehow managed to ‘immigrate’ from. Of course in ‘their’ country’ it is normal to cut the heads off of chickens, and let the blood trail predict if the child is going to be a boy or girl, the crops will grow, or if grandma is going to die. Geez Louise! The ‘safety’ of our borders is being protected by the very people we should be keeping out!

My Parents cancelled their trip to Israel because I told them that the “Kacke ist am Damphen dort” ( the shit is cooking there) [sorry a translation, not against the rules] More on this later…

Well call me a conspiracist, but when the heat is on, maybe it is co-incidental, but it seems there is always a sudden diversion. George Bush was a President who was really NEVER elected (both times) by the American People; first through a fraud of the courts, and next through the fraud of technology…Read this about the Diebold voting machines.

For those of you who like videos, here is one now:

Well he is not my ‘Commander in Chief’ any longer, or anyone’s for that matter. I could not give a rat’s anus if he is somewhere in his own private ‘neverland ranch’ raping pigs, sheep, cattle or chicken. However, the point remains that this boob made it into office – twice. However at the beginning of his term, the idiot could not even complete a sentence. The lackluster start was definitely not making any profits for his cronies…Jeepers Creepers, ‘we cannot sell any more weapons, since the military is already overstocked…And the ones in inventory are almost past their expiration date…America was in a disarray. Most people believed it was a sham. We just were recovering from the Monica thing, and now we had this rehab President. We were disillusioned. Without direction. What could be done?

Weeeelll,

Conveniently, in a ‘think tank’ called “Project for the New American Century”, in a Report written by Thomas Donnelly, came up with the following advice in their report, “Rebuilding America’s Defenses”

In Section 5, is the following:

“Further, the process of transformation, even if it brings revolutionary change, is likely to be a long one, absent some catastrophic and catalyzing event––like a new Pearl Harbor”

Hmmnn…What was a limp, Viagra-intolerant ex-narcotic user to do? And really, the VP, ‘Mr. Haliburton’, was not making any cash either…How about 9/11? If you have any idea, or a few brain cells that are able to rub together, you cannot believe that what was reported is anywhere near the truth.

And what about the 9/11 report?…I forget what it cost, but it found no link to Iraq and the ‘attacks.’ Oh yes, there were the ‘Weapons of Mass Destruction.’ Were any found? Even the doctors were still looking for ‘weapons of mass destruction’ after his capture.

How about reports using scientific evidence? Like Physics…Newtons’s theories do not lie. The apple falls, it hits you on the head. You can Google 9/11 truth, or you can click on the link. (that would be the blue text 9/11 truth.) Engineers that have studied the incident, and cannot abide by the ‘official’ story.

So we had 9/11. Google it if you must. But where are the largest oil reserves? Between Iraq and Iran. Who sold the ‘Bunker bombs’ to Israel? Click on the link…or that would be our pal Barrack, who delivered on the promises from, you know who, the wasted weasel that preceded him.

Are we protesting yet? Yep, but still with no articulated demands, or plans for change or any solutions. Oh yeah, change…Wasn’t that the campaign slogan from Mr. Obama? Sure we got change. From bad to worse.

Now I have to admit, even I was impressed by Mr. Obama. Over here (that would be in Germany) he appeared to be a ray of hope to ‘bring back America.’ In my classes, I explained, it was not one man that could change the course of the country, but the Congress and Senate were the ones who really made the rules. We also discussed what ‘lobbies’ are, and how this influenced the whole process. (DEFINETLY more on this topic at a later date.

So there are a bunch of people protesting. (I told you there would be something here). Here is a picture:

Now many may take this as a joke. However, let’s look at the corporations. How many are US corporations? Sharpie? Made In China. Eddie Bauer Bag, made in China, Gillette Razor…made in…China, Sony, Nikon GAP…made in China! J.Crew, made in China. Is anyone seeing a pattern here?

Well, for those of you late to class, or not paying attention, the major complaint is no jobs. How can that be? (That’s a rhetorical question son).

Government is basically run by corporations. How is this? Because of the campaign process. Solution #1: Revise the campaign process. (exact details to follow in another post, although stated previously.)

Oh, I am over my 1000 word count limit for posts. I will have to wrap this up…Oh wait. No limit.

So, the topic now is ‘off-shoring.’ (Yes, the blue text means it is a link for more info). It has occurred because somehow, it is profitable to do so. Now Mr. Obama proposes a ‘tax’ on the ‘rich’ to pay for his ‘jobs bill.’ Hold the phone. This is the same Administration that wants to make a ‘Tax Holiday‘ for corporations??? Of course, this would be for the rest of the corporations already NOT PAYING THEIR TAXES. I do not need to write all of this again, since it is very clearly written here: How the U.S. Subsidizes Offshoring of Jobs Yep, that would be one of those links for more information.

So to wrap this up…I cannot believe that a bunch of well-armed Americans are not either Marching on Washington, or going into the brokers in Wall Street, loaded up with a bunch of rope, probably bought at Walmart, and made in China, and stringing up all of the politicians (except Ron Paul) and bankers, from every light post in the town available.

There needs to be change. But before there is change, I think there will be another Bastille day. I wonder what they will call this one.

Before I close, there needs to be a clarification about Capitalism. What America, and the world has, is no ‘Free-Market.’ Once again a link to the Ludwig Von Mises site.

The Summary of solutions:

Demand campaign reform

Special-interests and lobbies must be controlled. Especially the NAACP and AIPAC

If you have any money left, read Chuck Butler’s ‘Daily Pfennig.’ You might learn something.

Oh yeah, one last picture…

For anyone slow…that would be a ‘lemonade stand’, where one sells L-E-M-O-N-A-D-E. Look at the lemons laying on the ground. See the fat oaf complaining? OK is it clear???

Hopefully more later…

]]>http://www.shakeyourfist.com/archives/159/feed1Once again? ‘Where’s the Beef?’ Protesting is great, but I would like to see some solutions…http://www.shakeyourfist.com/archives/140
http://www.shakeyourfist.com/archives/140#commentsSun, 09 Oct 2011 22:58:00 +0000http://www.shakeyourfist.com/?p=140

OK, so in the last post we covered a bit about banks, investment and the Federal Reserve. One of the things that has been bothering me since hearing the first reports of the ‘Wall-Street occupation’ is that there seems to be absolutely no direction to the protests. Of course people are frustrated, heck I have been screaming into the wind for the last thirty years. One simple rule, if you are going to complain, you better be ready to offer a solution.

It is appalling to see the NYPD hauling off people at random. Most of the ones they grab are women, young men, and people of small stature. I did not see them haul away anyone that could have weighed more than 60 kilos. In review of the news footage, the frustration and rage of the participants are as evident as their solidarity to the ’cause.’

But what is the cause, and what are they hoping to achieve? Everyone wants to protest against what is wrong, but it is rare to hear what they propose to correct the situation. No one wants nuclear power plants, but they want clean air and propose / force the introduction of electric autos. America consumes a quarter of the world’s resources, drives the biggest autos; what the heck does some mom need a Ford Navigator or F-250 quad-cab pick-up for? Jeepers. The irony gets my knickers in a twist.

So back to the subject. What the people are up in arms about can be summed up in one picture…

Yep, Greed.

Now to back up a bit, let’s look at how we got into this mess. In order to do this, a bit more information is required. Time to review a bit about banks and the reserve system. A bank is (well was) required to maintain a capital (that would be cash) reserve of 10%. In simple language, if they had 100$, they were allowed to loan out 90$. 10$ had do be kept as hard currency. It already does not sound good. However, when they made a loan, for example to the Farmer for a new Tractor, the money would come back over time with interest. In the meantime, other depositors would be putting money in their accounts, and the cycle would continue. Sort of a ‘legitimate’ Ponzi-Scheme, (If you do not know what it is, you had better read the article, it will come up later.) Meanwhile here is the business model of loans (From Rev. Sheldon Emry):

If $60,000 Is Borrowed, $255,931.20 Must Be Paid Back

When a citizen goes to a Banker to borrow $60,000 to purchase a home or a farm, the Banker agent has the borrower agree to pay back the loan plus interest. At 14% interest for 30 years, the Borrower must agree to pay $710.92 per month for a total of $255,931.20. The Banker then requires the citizen to assign to the Banker the right of ownership of the property if the Borrower does not make the required payments. The Bank then gives the Borrower a $60,000 check or a $60,000 deposit slip crediting the Borrower’s checking account with $60,000. The Borrower then writes checks to the builder, subcontractors, etc., who in turn write checks. $60,000 of new “checkbook” money is thereby added to “money in circulation.”

However, and this is the fatal flaw in a usury system: the only new money created and put into circulation is the amount of the loan, $60,000. The money to pay the interest is not created, and therefore was not added to “money in circulation.” Even so, this Borrower (and those who follow him in ownership of the property) must earn and take out of circulation $255,931, almost $200,000 more than he put in circulation when he borrowed the original $60,000!

Now, the interest rate is not 14%, (except for those who have credit cards at 18-24%—a topic for another time). However, you get the picture.

Let’s do a quick look at the recent crisis, the one in 2007. First a quick note about ‘local’ banks. Where I grew up, I think there is one remaining; Phoenix Federal. My Family was instrumental in the founding of Harleysville National Bank. Located curiously enough, in Harleysville, PA. In the `80’s, my banker told me that after the retirement of Walter Dahler Sr., things were going to change. One of the changes, was that the charges for ‘service’ were planned to rise, with the target of up to 30% of bank revenue coming from the “Service Charges”. I do not know about you, but last time I checked, over 90% of the transactions in a bank occur electronically. Even in Germany, the cost of electricity is not enough to warrant what they charge for ‘account maintenance.’

So, back to 2007. Thanks to Alan Greenspan, and his low rates, money was ‘cheap.’ Quick lesson: Put ten people in a room. A hot room. There are three bottles of water. Normally the bottles of water cost 1$ each. One in the room had 100$ in his wallet, six in the room have 3$ in their wallets. One has 2$, and the other two have .50 cents. The one with the hundred dollars offers ‘credit’, without proof of repayment to all who want it, for a rate of only 5% over 10 years. Suddenly, there is a flush of capital, and the three one-dollar-per-bottle water are suddenly worth 3$ each. Now the bottles of water have been sold, but not opened. Just like a rabid eBay auction, the value continues to rise, and the man with 100$ continues to make loans. Suddenly, water is no longer seen as a commodity, but as an instrument of speculation. Think about it. If I bought one of the bottles at 2$, and they are now worth 3$, I bet that they will go to 5$. So one in the group borrows more money and buys up all of the bottles at 5$ each.

Ok, so that is what happens when money suddenly becomes ‘cheap.’ Let’s apply that to houses. The ‘American Dream.’ Something physical, not one that once the cap is twisted, the worth declines.

Suddenly, starting in 2005, new ‘products’ were offered by the banks. ‘Low Doc[umentation]’ and ‘no-doc’ loans. That meant that any poor sap, regardless of employment history, credit or otherwise, suddenly was able to buy a house. All of the Democrat’s cheered. Housing prices were increasing, and one of the new products was an ARM; an ‘Adjustable Rate Mortgage,’ with an introductory rate of almost nothing, and increasing incrementally over the life of the loan. With the explosion in house prices, everything seemed great. Safe. Heck, even people who had equity went out and borrowed against the accrued value in their homes…Boats, Plasma TV’s, Time-shares, and second homes.

Unfortunately, a local bank really isn’t. 20 years ago, when I bought one of my homes, the mortgage started at Harleysville, then it was with PNC. I forget who they were. Then the loan was sold to Watchovia, in the end it ended up at Washington Mutual. What is that all about?

Ok, we are finally to 2007. Remember the model above? OK, it is based on 14% interest. Yet, even at 5% over 30 years, there is a heck of a profit there. A bank needs to have reserves. So they can make more loans. What they do then is package up the loans they have made, and sell them at a discount against their value in the future. If they make a $200K loan, that will in 30 years net $325K, they sell the loan to another bank for $240K. The ‘other’ bank assumes the payments from the creditor. Nice deal.

This however was not enough. Somehow, the banks developed a NEW product that put all of these loans together and created a “SRV” (Special Investment Vehicle). They sold these on the market, all over the world…Goldman Sachs, Lehman Brothers, the list goes on…remeber “Low-Doc /No Doc”? No one was paying attention. After all, these notes were based on the rising values of real propery, not bottles of water. Same principle, different perspective. Oh, and by the way, they were rated AAA by the same companies that are downgrading the very countries that are victims of this scheme.

Time for a picture….

Time to wind this up…So, where did this money come from? The Federal Reserve. Who are they? We covered that in the last post. Who is distributing the money? ‘Local’ Banks. An oxymoron if I ever heard one.

Why are are people protesting? Because they have been abused. Albeit complacent sheep, who are now gathered in a herd and bleating that they are hungry / sick / tired / mistreated etc. However, they complain and fail to identify the problems, only voice their discontent. Bullshit.

Here are the solutions:

Under section 8 of the founding Constitution of the United States of America, the founding Fathers gave the right to “To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures…”

Not banks. Banks take a product, (monies guaranteed by all citizens and property in the USA), and play with it for their own benefit. Sorry, but if a bank wants to have “Federal”, “National”, or “Trust” in its’ name, it should be controlled directly by the Congress.

Oh, that would include the ‘Federal Reserve’. It should be immediately abolished, and the control turned back over to the US Congress. (OK, I am not finished with that bunch of crooks (except Ron Paul) yet..next time).

However, the United States of America was founded by a group of extremely well-educated gentlemen, who knew human nature. (It does not change.) Jeepers, without I-phones, fax, or Facebook! How did they manage that? Well, they were EDUCATED IN HISTORY.

The solution to this situation is to return to a Constitutional Government as designed by the Founding Fathers. Do a bit of reading on Jefferson, Adams and Franklin….

OK, for those who are a bit slow, or want to see the solutions in clear text here they are:

Re-organisation of banks according to the Constitution. (Elimination of the Federal Reserve is only a start).

If someone gets a bonus for something other than bringing the dead back to life, or finding a solution for poverty /cancer /obesity / laziness / etc, they should pay 90% tax on the bonus. (Of course they can donate it to a LEGITIMATE organisation like AAEP The NAACP DOES NOT COUNT! racist bastards that they are. (Sorry I broke the rules).

A return to the tax-rates that put Lenny Bruce in his grave; over $500K in income, you pay 50%; over $1 million, you pay 70%. etc.

No ‘off-shore’ tax shelters. If you earn the money in the USA, you pay taxes in the USA. Maybe Tom Cruise can make his next film in Balliwood.

Alright, for those of joining us late, or coming late to class, please refer to the last post: What do banks do?. No problem, I’ll wait until you catch up. As they say here, “the paper is patient.”

I will have you know I am missing the Germany vs. Turkey Football (Soccer for those in Amiland)…I already know who wins in the end; I read the book…Deutschland schafft sich ab

OK, on the same page? Yesterday there was a link to an article that pretty much covers everything I am writing now. Almost everything. (That would be “Billions for the bankers…“)

Where we last left off, was the topic of the Federal Reserve. The only thing it has to do with the Federal Government, is that all property, public and private is used as collateral for the loans issued by the private banks that make up the Federal Reserve. As homework you can Google to find out who they [the bankers] are…extra credit if you post the results.

What the real joke is that the Federal Reserve was concocted in a secret meeting by bankers on Jekyll Island. I read the book “House of Morgan” (Yep, I tend to read a lot.) So it is not some conspiracy theory.

In effect, what was created was an instrument that removed the original mandate of the Founding Fathers’ giving the sole power to mint and control currency to the Congress. In addition, the Founding Fathers also mandated, that all currency had to be based on [precious metal] ‘hard currency.’ The problem was that with the growth of the [exploitation/ use] of the ***vast*** resources of the young country, ‘hard currency’ tended to be in short supply; gold and silver could only me mined, and put into circulation at a fixed rate.

This meant that a farmer could spend 100$ on seed, spend the entire season tending it, and due to the competition for currency, end up only being able to sell his crops for 90$. Sounds bad. However, that same 90$, bought the same amount of goods that 120$ did when he planted his crops. The value numerically decreased, but the intrinsic value increased; due to his labour and time, a net increase resulted. However, human nature being what it is, no one seemed to see it this way. There were several attempts to move from the gold standard to a silver standard, but people saw this as a ‘debasing’ of the currency. Another joke in light of ‘Whirley Ben.’

To fast forward a bit. America is not on any sort of Gold Standard. Skipping all the details as to the how and why…in fact, no country today is. What we have is what is termed a ‘Fiat Currency.’ or for a more ‘direct’ explaination look here: More on Fiat Currencies. Basically, it is money backed by nothing then the belief that the Government is sound, and being honest. Any alarms ringing yet?

In short, you could take a roll of Toilet Paper, write “One Dollar / One Euro / One Real etc, and it would probably have more worth; if you bought a case of Sotties 1000 sheet rolls that is. With ‘White Cloud‘, you would be losing money…

Oh, and one last point, to repeat for those not paying attention: All of the credit from the Federal Reserve (that would be the dollars printed, Federal Reserve Notes sold, etc), are backed up by all Public and Private Land in the USA. This is not only in the original Federal Reserve act, but please correct me if I am wrong, but part of The Patriot Act…added by Mr. Halliburton himself, Donald Rumsfeld.

What this means is that if America had defaulted on its’ debts, the screaming hoards would come flocking over, and start seizing American Property. That would be homes, farmland, National Forests (Yep…cut to the ground, and shipped overseas)…everything until the debt was satisfied. Look at it as an International Sherriff’s Sale…nice, Huh?

One benefit from the Election of Mr. Obama is that a record number of weapons, ammunition and survival supplies were sold not only directly after his election, but throughout his entire Presidency. Too bad most of the experience the owner’s have come from ‘Combat Arms‘ or ‘Battlefield.’ (Naturally with a sack from McD’s or White Castle for sustenance during ‘the battle.’ Jeez.

So enough info for today. In short, yes Banks are the problem. A bigger problem is Congress (but not Ron Paul).

Tomorrow:

The ‘Reserve System’

Eliminate the Federal Reserve

Eliminate Banks.

OK…maybe I can catch the end of the Game. Germany leads 2-0…but that is Football, not real life.

]]>http://www.shakeyourfist.com/archives/126/feed1Banks? Jeepers. People have a really shallow learning curve…a bit of info so you know what you are protesting against.http://www.shakeyourfist.com/archives/119
http://www.shakeyourfist.com/archives/119#commentsThu, 06 Oct 2011 22:17:10 +0000http://www.shakeyourfist.com/?p=119

Let us look at a very simple economy. The farmer, miller, the baker and the customer. The farmer grows the wheat, the miller grinds the wheat into flour, the baker makes the bread, and the customer buys it.

Customers need more bread. The Baker goes to the miller, and says, “I need more flour.” The miller goes to the farmer, and says, ” I need more wheat.” The farmer says, “I need to clear more land, get a new tractor, and more seed.” Clearing the land he can do under his own effort (an investment of time and energy.) Perhaps he has been able to put aside money from the sale of crops in the past to get the new tractor. If not, than he has to find a source for the funds elsewhere. He can ask the miller for funds. Of course, the miller will not want to give the funds freely, and will ask for a bit more extra grain to compensate for the risk. After all, a wet spring could delay planting, the crops could be damaged by hail, the harvest of grain is not guaranteed.

This is a basic example of investment. Reward balanced against risk. Unfortunately, it is hard to evaluate risk, and the establishment of ‘interest’ to compensate for ‘risk’ has given base to the system we have now…

We have come a long way since the overturning of the tables of the money-changers in the temple…mostly backwards.

-…Still ín progress…more tomorrow…

To come:

The Federal Reserve has very little to do with the Federal Government…only that the taxpayer guarantees the security of the private banks.

China will put the next iron on the fire; who thought that the Communists could have a credit crisis. How about security on loans 50 feet under water? It give a new meaning for ‘underwater loans.’ Good thing they have all that cash from Walmart shoppers…Oh, crap. That would be from the purchase of Federal Reserve Notes. I wonder how this is going to work out?

Ok, it has been ages since I have written anything, and here is probably the least productive use of my efforts, but as they say in Germany “ich habe jetzt meine Schnauzevoll!” (Try google translator if you don’t understand.)

I have been harping for years; that would be for almost 20, about the ‘big-box stores’ and the absolute insanity of buying ‘stuff’ because it is cheaper.

Another great quote from my Grandfather: “Price without quality is no bargain.”

Here is a great article that describes what happens when these operations take over : The Walmart you do not know. Granted, I grew up in a time where there was a Mom and Pop grocery store; Kelsch’s Market, where there was the Post Office, Butcher shop, and Stationary Store in the same Building. Heck, my Mother’s family operated one in Creamery since the 1760’s, “Bean’s Store”. Google it, or “Hunsicker’s Store, Creamery.”

Of course, there is always ‘economies of scale’, but there is also the rule of diminishing returns. One of the things that is diminished is the quality of life when small local businesses succumb to the pressures of a foreign corporation that manages to use their size to pressure suppliers into making decisions that in reality make no economic sense. (You did read the article didn’t you? If not, go back to ‘Go’ and do NOT collect $200).

Yesterday, [I wrote this originally on the 10th of September], Mr. Obama announced his ‘plan’ to ‘revitalise’ American business. Sorry, but I am no longer required to blindly support the ‘Commander in Chief’…what his plan entails is nonsense. Only more debt for future generations.

There is a reason that Germany is able to support all of its’ “neighbours who are in need”. (Another time for this theme…) Simply because, until two years ago they were #1 in exports. For those of you a bit slow on the uptake, that means that Germany PRODUCED something for sale, that other people / countries needed, and paid for. Case in Point “Stanley.”

Stanley is a company with a rich history that parallels the greatness of America. From tools, industrial and consumer goods (like those shown in the picture), they made things that industry, and people alike needed. Good business. Unfortunately, they received tax incentives to move their production ‘off-shore.’ After developing and building a plant in Pennsylvania to build Vidmar Cabinets, they closed the plant, and moved production to a more ‘economically beneficial’ location. Here is the link to their site. Of course they play on the honour of America, and what they provide. Unfortunately, they do not include that they manufacture their products elsewhere… Check out the photos.

Since there is currently a ‘discrepancy’ with what 1 and 1 Internet will allocate for memory, the thumbnails may not work…until we subscribe to a premium service that is…A bit of advice: go with godaddy, the heck with the hook-noses at 1 and 1.

Where are they made? Is the price less??? That would be a rhetorical question son, rhetorical. Look it up.

Now, of course, Germany is #2. Who is #1? If you do not know the answer, you dod not read the article. …Go back to “GO’, and do not ask about the $200 again. Why is Germany #2?

I recently had another round of this argument with my Daughter. She was ironing a shirt for her boyfriend, and it was noticed that the shirt was “Made in China”. When I commented that this was irresponsible, she responded, ” if I had to pay for a shirt that was made in Germany, it would cost $50, not $15.” My response was simply, then you by one shirt, and leave the rest on the rack. Simple economics will bring the prices in order. However to do otherwise is not only socially, but fiscally imprudent. Does anyone know about Ludwig Van Mises ? I know Ron Paul does.

Jeepers, let’s get to the point. What America needs is Jobs, not jobs created from ‘thin air’, or from government subsidy; which means from the 25% that are not out of work taxpayer.

Somehow, the corporations in America have managed to recieve tax-breaks to ship the biggest costs of production ‘off-shore.’ Weeeelllll, it is time for the gravy train to end.

So as a solution:

Not only eliminate tax loopholes/ incentives for company’s that ‘off-shore’, but make tax penalties for doing so.

There is no such thing as ‘most favoured Nations status’ (Google it). Only one’s own country.

Any corporation that makes its’ profits on goods not produced in its’ own country should also lose any tax incentives, but should also pay a penalty.

These are not tariffs, and cannot be labeled as so. However, the fact that ‘bigger is better’ is a myth. Just look at government. More later.

For those of you wanting to learn more, I suggest you either google “Chuck Butler” or ” the ” The Daily Pfennig.” Good stuff.

OK people. Hopefully someone will take the time to read this through, and give constructive comments…I have been reading about the Wisconsin protests and now am receiving emails from MoveOn.org, saying they are going to stage a protest in Philadelphia in support of the plight of the people in Wisconsin. If you are on Facebook, you are on the Internet. USE IT! Check the facts. Here is one: http://dailycaller.com/2011/02/21/wisconsins-teachers-make-a-little-more-money-than-theyre-letting-on/ , how many of you are making 80K per year? Teachers work only nine months out of the year. When I lived in PA, they were doing side-jobs, like painting (in the rain) or building decks (that fell down) in the other three months. Teachers are the first line of defence to the degradation of society. However, they cannot do the job alone. One cannot blame them for failing in a society of the disintegrating family structure.

Here is a reality check; the Debt Clock. Too bad it is not an iPod app or a desktop item: http://www.usdebtclock.org/index.html. WHERE IS THIS MONEY COMING FROM? More importantly, where is it going? These are the real issues. This is why State Governments need to cut spending.

How are the roads where you live? Are the potholes being repaired? If you live where there is snow and ice, the answer is most assuredly NO. Do you receive food stamps? Social help? Retired? Self-Employed? Sure, National Health-Care is a great thing. When comparing to nations that have it, please take a look at their trade-deficit. Near-Zero, or positive. Look at Germany, Canada, or many of the other countries used as examples. The money comes from producing SOMETHING. The nations that do not are going bankrupt.

I drive a 1967 Triumph Bonneville. When I came to Germany, it was all I had. I have had it since 1985. This motorcycle was produced at the end of the ‘boom’ in England. Built with machines, that were in a factory that either had survived the war, or was built during or shortly afterwards the war. However, it was produced by Tradesmen/women, who learned a trade, and were proud of the work they did. Of course they were in a Union. ( No more ‘Shop-class’ in the USA; who / how is anyone learning a trade then???)

Before I get too far into the ‘Union’ thing, I need to back up a bit. After the war, England had MANDATORY EXPORTS. There was RATIONING at home. That means crappy gas, no luxury items for the normal folk (the Union Workers as well). WHY? Because the country knew, that without exporting something of VALUE, there was no way to pay off the debt from the WAR:

OK, back to the unions. Sure, there was a great abuse of the worker that needed a solution. Triangle Shirt Waist Factory, the bloody conflicts with the workers of Ford, abuses in the meat-packing industry (Read ‘the Jungle’ by Upton Sinclair) etc. However, what began as protection ended up as a pestilence. One of the reasons that GM is bankrupt is because of ‘collective-bargaining’. Do a Google on it. It allows the workers to hold the employer hostage until the demands are met. In this day and age, we are not talking about losing hands without compensation, or deadly working conditions. It is about money, and maintaining the Status Quo.

Unfortunately, refer to Paragraph 2; there is no money for ‘Status Quo.’ Why? The reasons cannot be fully explained here. To put the blame on ‘too many people’ or ‘poor management’ is too easy, and leads to unworkable solutions. It has taken over a generation to get to this point, and thanks to technology, it will take many generations to work out of. (Computers have enabled the calculation of derivatives, future worth, and investment value in order to create ‘wealth out of the air to an extent that was limited before when bookkeeping was done on paper ledgers).

So, instead of making protests that entitlements are being threatened, or that the State needs to balance its’ budget, the question needs to be raised as to ‘Why’…Ok Rhetorical Question… However, in a country that rates programs like ‘K-Street’ ( about lobbyists that are gutting the governmental process) are ‘great entertainment.’ It can be no wonder that things are in such a mess.

The issues and solutions are complicated. America likes to think that it is as ‘wholesome as Apple Pie.’ However, most of the apples are imported.

People and the economy are being poisoned by CORN. From Beef to Soda-pop. All subsidised by the government. Thank you Lobbyists, Monsanto, and your local Congressman.

No one seems to take responsibility. Democracy is a daily activity. WRITE TO YOUR REPRESENTATIVES! A weekend protest is great, but where is the persistent effort? Emails mean crap. Paper and envelopes COUNT: It is a war of statistics. It takes effort to write a letter and put it in the post. 10,000 emails count as much as ONE LETTER. (Google it!).

In Germany, there was so much hope in Obama. I told the people who asked me, he is only one man against over 450 who are already sold. (The Congress and the Senate). Must I also say that he spent more to get elected than any President in History? What did his Inaugural Ball cost? If he really wanted to send a message to America, he would have had a Firehouse Pot-Luck. What happened the ‘19% re-investment’ in infrastructure? When we travelled across the US, all we saw were the signs, but no one working…

Maybe in the future we can also have hope…but first we must ignore the passions fired by the media, look at the facts, and take action. I am willing to hear the problems, but I want to hear solutions as well dammit.